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Selected accounts revealed the following information: Accruals and Prepayments Not Recognized 2023 2024 2025 Accrued expenses ................... P2,900 P3,000 P3,400 Prepaid expenses ................... 2,000 2,800

Selected accounts revealed the following information: Accruals and Prepayments Not Recognized 2023 2024 2025 Accrued expenses ................... P2,900 P3,000 P3,400 Prepaid expenses ................... 2,000 2,800 1,500 Accrued revenue .................... 2,750 2,500 2,700 Unearned revenue ................... 4,250 4,500 4,100

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